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CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]  
Product warranty accrual activity
The following table sets forth the activity in the product warranty accrual account for the nine months ended September 30, 2014 and 2013 (in thousands):
 
Nine Months Ended September 30,
 
2014
 
2013
Accrual balance at beginning of year
$
3,501

 
$
4,476

Accruals for product warranties
4,943

 
3,602

Costs of warranty claims
(5,018
)
 
(4,648
)
Accrual balance at end of period
$
3,426

 
$
3,430


The total warranty accrual of $3.4 million is included in the caption “accrued expenses and other current liabilities” in the Company’s consolidated balance sheet at September 30, 2014.